China Catalyst (SH:688267)2024-10-25 08:06Financial Performance - The company's operating revenue for Q3 2024 was ¥127,155,587.92, a slight decrease of 0.08% compared to the same period last year, while the year-to-date revenue reached ¥523,103,700.66, an increase of 43.57%[2] - Net profit attributable to shareholders for Q3 2024 was ¥17,231,104.10, representing a significant increase of 324.34% year-over-year, and the year-to-date net profit was ¥113,661,569.36, up 162.63%[2] - The basic and diluted earnings per share for Q3 2024 were both ¥0.10, reflecting a remarkable increase of 400.00% compared to the same period last year[3] - Operating profit for the third quarter of 2024 was RMB 127,925,322.73, compared to RMB 52,622,170.49 in the previous year, reflecting a growth of 143.5%[14] - Net profit attributable to shareholders of the parent company for the first three quarters of 2024 was RMB 113,661,569.36, up from RMB 43,277,754.72 in the same period last year, marking an increase of 162.5%[15] - The total cost of operations for the first three quarters of 2024 was RMB 399,404,167.51, up from RMB 320,213,064.90 in the same period last year, reflecting a rise of 24.7%[13] Research and Development - Research and development (R&D) expenses totaled ¥13,917,566.29 in Q3 2024, accounting for 10.95% of operating revenue, which is an increase of 1.5 percentage points year-over-year[3] - Research and development expenses for the first three quarters of 2024 were RMB 34,948,804.07, slightly down from RMB 38,304,390.22 in the same period of 2023[14] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was ¥93,617,823.87, an increase of 31.61% compared to the same period last year[2] - The company has maintained a stable cash flow with net cash from operating activities reported at RMB 113,661,569.36 for the third quarter of 2024[15] - The total cash inflow from operating activities for the first three quarters of 2024 was RMB 547,920,136.70, compared to RMB 450,978,799.88 in the same period of 2023, representing an increase of approximately 21.5%[17] - The net cash flow from operating activities for the first three quarters of 2024 was RMB 93,617,823.87, up from RMB 71,130,627.10 in 2023, indicating a growth of about 31.6%[17] - Cash outflow for purchasing goods and services in the first three quarters of 2024 was RMB 280,243,827.76, compared to RMB 213,652,480.79 in 2023, reflecting an increase of approximately 31.2%[17] - The total cash inflow from investment activities for the first three quarters of 2024 was RMB 736,725,416.99, down from RMB 805,721,628.84 in 2023, showing a decrease of about 8.6%[17] - The net cash flow from investment activities for the first three quarters of 2024 was -RMB 72,096,609.22, an improvement from -RMB 594,945,900.34 in 2023[17] - The total cash outflow from financing activities for the first three quarters of 2024 was RMB 42,026,552.80, compared to RMB 150,318,444.79 in 2023, indicating a significant decrease of approximately 72%[18] - The cash and cash equivalents at the end of the third quarter of 2024 amounted to RMB 248,366,896.71, down from RMB 173,880,852.61 at the end of the same period in 2023[18] - The cash outflow for tax payments in the first three quarters of 2024 was RMB 29,663,969.76, compared to RMB 34,596,290.22 in 2023, reflecting a decrease of approximately 14.1%[17] - The company experienced a negative impact of RMB -350,896.11 from exchange rate fluctuations on cash and cash equivalents[18] Shareholder Information - The total number of common shareholders at the end of the reporting period is 6,169[8] - The largest shareholder, Zhongchumai Group, holds 46,031,000 shares, accounting for 26.12% of the total shares[8] - The company has a total of 3,079,019 shares repurchased, representing 1.75% of the total share capital[10] Assets and Liabilities - Total assets as of the end of Q3 2024 were ¥2,910,688,729.65, showing a slight increase of 0.04% from the end of the previous year[3] - The equity attributable to shareholders increased to ¥2,702,250,973.21, up 2.53% from the end of the previous year[3] - The total liabilities decreased to RMB 208,437,756.44 from RMB 273,891,497.79, indicating a reduction of approximately 23.9%[12] - The total equity attributable to shareholders of the parent company increased to RMB 2,702,250,973.21 from RMB 2,635,522,877.54, representing a growth of 2.5%[13] - The company’s total assets reached RMB 2,910,688,729.65, slightly up from RMB 2,909,414,375.33, indicating a marginal increase of 0.04%[13] - The company has a goodwill value of approximately 2.09 million RMB, unchanged from the previous period[11] - The short-term borrowings have significantly decreased to 500,000 RMB from approximately 51.44 million RMB[11] - The company has a contract liability of approximately 3.65 million RMB, up from 2.44 million RMB[11] - Inventory has increased to approximately 360.06 million RMB from 345.81 million RMB[11]